Business

Authors: Carmen Cox

Powerball: Seven States That Won't Cash In on the $360M DrawingSAUL LOEB/AFP/Getty Images(NEW YORK) -- With Wednesday night's Powerball drawing set at a staggering $360 million, jackpot junkies eagerly await the announcement for the winning numbers to see if they beat the odds.
Forty-three states across the country participate in the multi-state lottery, with California being the most recent...

Authors: Carmen Cox

Walmart Fires Supplier After Bangladesh RevelationFREDERIC J. BROWN/AFP/Getty Images(NEW YORK) -- For the second time in a year, Walmart has announced it would be firing a clothing supplier after a deadly incident revealed garments bound for their stores were being produced under substandard conditions in Bangladesh.
Walmart announced Wednesday it would be terminating its...

Wednesday, 15 May 2013 17:17

New Highs on Wall Street

Written by Carmen Cox

Authors: Carmen Cox

New Highs on Wall StreetiStockphoto/Thinkstock(NEW YORK) -- The Dow Jones Industrial Average hits another all-time high, closing at 15,275.69, up 60.44 points. Record closes for several blue-chip companies helped to boost Wednesday's average. Disney, Johnson & Jonson and Home Depot were among the Dow components hitting all-time highs. As for the...

Authors: Louis Milman

Will Angelina Jolie Announcement Boost Biotech Stocks?Photo by Astrid Stawiarz/WireImage(LOS ANGELES) -- While Angelina Jolie’s announcement on Tuesday that she had a double mastectomy after learning she carried a genetic predisposition for breast cancer raised awareness about genetic testing, analysts are skeptical that it will boost the stock prices in the biotech...

Wednesday, 15 May 2013 12:47

Burger King Challenges McDonald's McRib

Written by Louis Milman

Authors: Louis Milman

Burger King Challenges McDonald's McRibPhoto by Scott Olson/Getty Images(NEW YORK) -- Burger King has thrown down the gauntlet in the fast-food wars, announcing a competitor to the McRib sandwich beloved by McDonald’s customers.
The 59-year-old Burger King chain’s 2013 summer menu, unveiled Wednesday, includes the new BBQ Rib sandwich, featuring a...

Authors: Louis Milman

Granddaughter Helps Man, 91, Raise Money to Prevent EvictionCourtesy: Jaclyn Fraley(ZALESKI, Ohio) -- A 91-year-old man wants to stop his daughter from evicting him from the home he built 56 years ago in Zaleski, Ohio, a small community south of Columbus.
In 2004, John Potter and his wife, who has since died, gave the general power of attorney to his daughter for future matters if they...

Authors: Louis Milman

Abercrombie Fitch Faces Protests, Backlash for Not Selling Larger SizesPaul Taggart/Bloomberg via Getty Images(NEW YORK) -- Add Kirstie Alley to the list of Abercrombie & Fitch critics who take exception to the company’s refusal to carry clothing in larger sizes.
The Former Cheers actress and Dancing With the Stars competitor slammed the store Tuesday, telling Entertainment Tonight she...

Authors: Jeanette Torres

Airline Satisfaction at Highest Levels Among Fliers Since 2006ICHIRO/Digital Vision/Thinkstock(NEW YORK) -- A new study shows that for all the griping we do about airlines, we haven't been this happy with the industry in seven years.
JD Power and Associates on Wednesday released its 2013 North America Airline Satisfaction Study.  It shows that airline satisfaction among consumers...

Authors: Jeanette Torres

Texas City Mulls Collecting Property Taxes After Fertilizer ExplosionErich Schlegel/Getty Images(WEST, Texas) -- After a fertilizer plant explosion destroyed part of a small city last month, the leaders of West, Texas, find themselves in the difficult financial position of having to collect property taxes from residents whose homes were destroyed.
No one is more conflicted than West Mayor...

Wednesday, 15 May 2013 07:24

Google I/O Event to Unveil New Goodies

Written by Jeanette Torres

Authors: Jeanette Torres

Google I/O Event to Unveil New GoodiesKIMIHIRO HOSHINO/AFP/Getty Images(SAN FRANCISCO) -- Google is gearing up for its annual Google I/O developers conference on Wednesday, and like in years past, it is set to announce a series of new software and hardware products.
During the three-hour long keynote, which is scheduled to begin at 9 a.m. PT, the company is...

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